Buying a New Car: Should I pay Cash or Get a Car Loan? Should you take Car Loan?

News:

Car loans are somewhat of a mystery to many people. Through years of careful marketing we have been programmed to believe that there is some kind of law that says you can only finance a car through a dealership.

Buying Versus Leasing. Another factor to consider when planning to purchase a new car, is whether to lease or buy the vehicle.Though many individuals believe that if a vehicle is leased, when the lease expires, they have nothing to show for the months of payments and the downpayment, if applied.